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SSR MINING INC.（SSRM）与VIAVI SOLUTIONS INC.（VIAV）财务数据对比。点击上方公司名可切换其他公司
SSR MINING INC.的季度营收约是VIAVI SOLUTIONS INC.的1.4倍（$521.7M vs $369.3M），SSR MINING INC.净利率更高（34.8% vs -13.0%，领先47.8%），SSR MINING INC.同比增速更快（61.4% vs 36.4%），SSR MINING INC.自由现金流更多（$106.4M vs $36.9M），过去两年SSR MINING INC.的营收复合增速更高（50.5% vs 22.5%）
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
VIAVI Solutions前身为JDS Uniphase（JDSU）的一部分，是总部位于美国亚利桑那州钱德勒的网络测试、测量与保障技术企业，主营网络测试和监控设备，同时研发的光学技术可应用于材料质量管控、货币防伪、3D动作传感等多个领域，微软Kinect体感游戏控制器的相关技术也来自该公司。
SSRM vs VIAV — 直观对比
营收规模更大
SSRM
是对方的1.4倍
$369.3M
营收增速更快
SSRM
高出25.1%
36.4%
净利率更高
SSRM
高出47.8%
-13.0%
自由现金流更多
SSRM
多$69.5M
$36.9M
两年增速更快
SSRM
近两年复合增速
22.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $521.7M | $369.3M |
| 净利润 | $181.5M | $-48.1M |
| 毛利率 | — | 57.0% |
| 营业利润率 | 38.8% | 3.1% |
| 净利率 | 34.8% | -13.0% |
| 营收同比 | 61.4% | 36.4% |
| 净利润同比 | 3166.6% | -628.6% |
| 每股收益（稀释后） | $0.84 | $-0.21 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收SSRMVIAV
| Q4 25 | $521.7M | $369.3M | ||
| Q3 25 | $385.8M | $299.1M | ||
| Q2 25 | $405.5M | $290.5M | ||
| Q1 25 | $316.6M | $284.8M | ||
| Q4 24 | $323.2M | $270.8M | ||
| Q3 24 | $257.4M | $238.2M | ||
| Q2 24 | $184.8M | $252.0M | ||
| Q1 24 | $230.2M | $246.0M |
净利润SSRMVIAV
| Q4 25 | $181.5M | $-48.1M | ||
| Q3 25 | $65.4M | $-21.4M | ||
| Q2 25 | $90.1M | $8.0M | ||
| Q1 25 | $58.8M | $19.5M | ||
| Q4 24 | $5.6M | $9.1M | ||
| Q3 24 | $10.6M | $-1.8M | ||
| Q2 24 | $9.7M | $-21.7M | ||
| Q1 24 | $-287.1M | $-24.6M |
毛利率SSRMVIAV
| Q4 25 | — | 57.0% | ||
| Q3 25 | — | 56.5% | ||
| Q2 25 | — | 56.3% | ||
| Q1 25 | — | 56.4% | ||
| Q4 24 | — | 59.4% | ||
| Q3 24 | — | 57.1% | ||
| Q2 24 | — | 57.8% | ||
| Q1 24 | — | 56.1% |
营业利润率SSRMVIAV
| Q4 25 | 38.8% | 3.1% | ||
| Q3 25 | 21.6% | 2.5% | ||
| Q2 25 | 26.9% | 5.3% | ||
| Q1 25 | 21.1% | 3.0% | ||
| Q4 24 | 10.6% | 8.2% | ||
| Q3 24 | 3.5% | 4.8% | ||
| Q2 24 | 5.8% | -2.3% | ||
| Q1 24 | -163.5% | -4.8% |
净利率SSRMVIAV
| Q4 25 | 34.8% | -13.0% | ||
| Q3 25 | 17.0% | -7.2% | ||
| Q2 25 | 22.2% | 2.8% | ||
| Q1 25 | 18.6% | 6.8% | ||
| Q4 24 | 1.7% | 3.4% | ||
| Q3 24 | 4.1% | -0.8% | ||
| Q2 24 | 5.2% | -8.6% | ||
| Q1 24 | -124.7% | -10.0% |
每股收益（稀释后）SSRMVIAV
| Q4 25 | $0.84 | $-0.21 | ||
| Q3 25 | $0.31 | $-0.10 | ||
| Q2 25 | $0.42 | $0.03 | ||
| Q1 25 | $0.28 | $0.09 | ||
| Q4 24 | $0.03 | $0.04 | ||
| Q3 24 | $0.05 | $-0.01 | ||
| Q2 24 | $0.05 | $-0.10 | ||
| Q1 24 | $-1.42 | $-0.11 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $575.6M | $767.4M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $3.5B | $834.3M |
| 总资产 | $6.1B | $2.8B |
| 负债/权益比越低杠杆越低 | — | 1.46× |
8季度趋势，按日历期对齐
现金及短期投资SSRMVIAV
| Q4 25 | $575.6M | $767.4M | ||
| Q3 25 | $445.4M | $545.6M | ||
| Q2 25 | $438.5M | $425.3M | ||
| Q1 25 | $341.3M | $396.8M | ||
| Q4 24 | $417.3M | $509.4M | ||
| Q3 24 | $365.8M | $493.1M | ||
| Q2 24 | $384.4M | $491.2M | ||
| Q1 24 | $492.0M | $482.6M |
总债务SSRMVIAV
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $640.5M | ||
| Q2 25 | — | $396.3M | ||
| Q1 25 | — | $396.1M | ||
| Q4 24 | $228.6M | $639.3M | ||
| Q3 24 | $228.3M | $637.6M | ||
| Q2 24 | $228.0M | $636.0M | ||
| Q1 24 | $228.7M | $634.4M |
股东权益SSRMVIAV
| Q4 25 | $3.5B | $834.3M | ||
| Q3 25 | $3.3B | $723.9M | ||
| Q2 25 | $3.3B | $780.2M | ||
| Q1 25 | $3.2B | $728.8M | ||
| Q4 24 | $3.1B | $682.8M | ||
| Q3 24 | $3.1B | $702.1M | ||
| Q2 24 | $3.1B | $681.6M | ||
| Q1 24 | $3.1B | $705.1M |
总资产SSRMVIAV
| Q4 25 | $6.1B | $2.8B | ||
| Q3 25 | $5.9B | $2.1B | ||
| Q2 25 | $5.8B | $2.0B | ||
| Q1 25 | $5.6B | $1.9B | ||
| Q4 24 | $5.2B | $1.7B | ||
| Q3 24 | $5.1B | $1.7B | ||
| Q2 24 | $5.2B | $1.7B | ||
| Q1 24 | $5.3B | $1.7B |
负债/权益比SSRMVIAV
| Q4 25 | — | 1.46× | ||
| Q3 25 | — | 0.88× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.54× | ||
| Q4 24 | 0.07× | 0.94× | ||
| Q3 24 | 0.07× | 0.91× | ||
| Q2 24 | 0.07× | 0.93× | ||
| Q1 24 | 0.07× | 0.90× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $172.1M | $42.5M |
| 自由现金流经营现金流 - 资本支出 | $106.4M | $36.9M |
| 自由现金流率自由现金流/营收 | 20.4% | 10.0% |
| 资本支出强度资本支出/营收 | 12.6% | 1.5% |
| 现金转化率经营现金流/净利润 | 0.95× | — |
| 过去12个月自由现金流最近4个季度 | $241.6M | $78.7M |
8季度趋势，按日历期对齐
经营现金流SSRMVIAV
| Q4 25 | $172.1M | $42.5M | ||
| Q3 25 | $57.2M | $31.0M | ||
| Q2 25 | $157.8M | $23.8M | ||
| Q1 25 | $84.8M | $7.8M | ||
| Q4 24 | $95.0M | $44.7M | ||
| Q3 24 | $-1.3M | $13.5M | ||
| Q2 24 | $-78.1M | $26.2M | ||
| Q1 24 | $24.6M | $19.5M |
自由现金流SSRMVIAV
| Q4 25 | $106.4M | $36.9M | ||
| Q3 25 | $-2.4M | $22.5M | ||
| Q2 25 | $98.4M | $18.3M | ||
| Q1 25 | $39.3M | $1.0M | ||
| Q4 24 | $56.4M | $36.5M | ||
| Q3 24 | $-34.1M | $6.2M | ||
| Q2 24 | $-116.3M | $22.4M | ||
| Q1 24 | $-9.4M | $16.3M |
自由现金流率SSRMVIAV
| Q4 25 | 20.4% | 10.0% | ||
| Q3 25 | -0.6% | 7.5% | ||
| Q2 25 | 24.3% | 6.3% | ||
| Q1 25 | 12.4% | 0.4% | ||
| Q4 24 | 17.5% | 13.5% | ||
| Q3 24 | -13.2% | 2.6% | ||
| Q2 24 | -62.9% | 8.9% | ||
| Q1 24 | -4.1% | 6.6% |
资本支出强度SSRMVIAV
| Q4 25 | 12.6% | 1.5% | ||
| Q3 25 | 15.4% | 2.8% | ||
| Q2 25 | 14.7% | 1.9% | ||
| Q1 25 | 14.4% | 2.4% | ||
| Q4 24 | 11.9% | 3.0% | ||
| Q3 24 | 12.7% | 3.1% | ||
| Q2 24 | 20.7% | 1.5% | ||
| Q1 24 | 14.8% | 1.3% |
现金转化率SSRMVIAV
| Q4 25 | 0.95× | — | ||
| Q3 25 | 0.87× | — | ||
| Q2 25 | 1.75× | 2.98× | ||
| Q1 25 | 1.44× | 0.40× | ||
| Q4 24 | 17.10× | 4.91× | ||
| Q3 24 | -0.13× | — | ||
| Q2 24 | -8.06× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
VIAV
| Products | $317.3M | 86% |
| Services | $52.0M | 14% |
